508 West Stuart Drive

Galax VA 24333

3450 sq. ft.

0.3 ac.

Multi-Family

Last sold for $300,000

Chris Davis, last sold this property on 30 September 2026 after 138 days on market.

Overview

Excellent investment opportunity at 508 W Stuart Drive in Galax! This well-maintained four-unit multifamily property offers a strong combination of stable long-term rental income and proven short-term rental potential. Units 2 and 4 are occupied by reliable long-term tenants who currently pay on time, while Units 1 and 3 are successfully operating as short-term rentals through Airbnb. Each unit offers 2 bedrooms, functional kitchen spaces, and comfortable living areas. Unit 1 features additional space with 2 bathrooms and a separate dining room, creating added appeal for short-term guests. The short-term rental units (Units 1 and 3) are being offered fully furnished, allowing for a seamless transition for the next owner to continue operating the business with minimal additional investment. The property also includes a shared common laundry room for all four units, along with a rear storage building that provides convenient space for trash can storage, helping maintain clean curb appeal and organization. All units are serviced by Xfinity cable and internet; however, buyers should verify service speed and reliability to their own satisfaction. Unit 2 and Unit 4 are occupied by long-term tenants and will require ample notice prior to showings. The two short-term rental units will only be available to show during vacancy periods when no guests are occupying the property. Please contact the listing agent well in advance to coordinate buyer showings and schedule appropriate access.

Features

8 bedrooms

5 bathrooms

3450 sq. ft. floor area

0.3 ac. lot size

Multi-Family

Estimated Value

We need at least 3 similar 8 bedroom multi families sold in Galax over the last 12 months.

Property history for 508 West Stuart Drive

2026

Sold

$300,000

30 Sep 2026 by Chris Davis, of Virginia Mountain Realty

2021

Sold

$209,000

30 Apr 2021 by Thomas Delp, of Kyle Realty, Inc.

Happy sellers in Galax

We have insufficient information to provide an overview of customer satisfaction for Galax. Viewing the agent profiles, reviews and sales for Galax can provide insights for this location.